Technical analysis EURJPY for 08.12.2023

08.12.2023 00:46
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 155.300. The closest resistance is the level 155.900

Key levels

  • 157.050, 156.350, 155.900, 155.300, 154.700

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 155.900, with Take Profit of 155.300 and Stop Loss of 156.350

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 156.350, with Take Profit of 157.050 and Stop Loss of 155.900

Guión
Recomendación
SELL LIMIT

Punto de entrada
155.900

Take Profit
155.300

Detener la pérdida de
156.350

Niveles clave
157.050, 156.350, 155.900, 155.300, 154.700
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
156.350

Take Profit
157.050

Detener la pérdida de
155.900